1155 Water Street
Peterborough, ON
- 39,489 sqft
- Investment
- 81 days on market
1155 Water Street presents a rare opportunity to acquire a substantial institutional asset in the heart of Peterborough. Situated on approximately 3.2 acres, the property features a bright, single-storey building encompassing approximately 39,489 square feet. The barrier-free design offers seamless accessibility throughout, complemented by abundant natural light and beautifully maintained outdoor garden and patio areas. Strategically located along a major corridor and just minutes from Peterborough Regional Health Centre, emergency services, retail amenities, and established residential neighbourhoods, the property is exceptionally positioned for a wide range of future uses. Existing institutional zoning permits numerous healthcare, educational, community, religious, and assembly-related uses, while the property's scale, layout, and location may also present opportunities for alternative residential or multifamily redevelopment, subject to municipal approvals. With its significant building footprint, established infrastructure, versatile zoning permissions, and prime location within one of Ontario's fastest-growing regional centres, 1155 Water Street represents a compelling opportunity for investors, developers, owner-occupiers, and organizations seeking a value-add institutional asset with substantial repositioning and redevelopment potential.
Listing Details
- Taxes (2026)
- $70,220
- Listed
- June 17, 2026
Price History
Listing history
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Parking
- Garage
- Outside/Surface
Location & Legal
- Cross Street
- Water Street & Marina Blvd
- Zoning
- PS.2,2a,5g,6b,11g
- Parcel Number
- 281280444
- Possession
- Other
- Occupancy
- Vacant
Commercial
- Business Type
- Seniors Residence
Community
Postal area K9H
- Population
- 29,704
- Private dwellings
- 14,391
- Median age
- 42
- Average household size
- 2.2
- Median household income
- $64,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Peterborough · last 12 months
- Median sold price
- $556,000
- Homes sold
- 1,057
- Median days on market
- 24
- Sale-to-list price
- 97.2%
Based on 1,057 recorded sales of commercial properties in Peterborough over the last 12 months.
Listed by
COLLIERS
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 39,489 sq ft
- Price per sq ft
- $200.06
- Annual property tax
- $70,220
- Tax per sq ft
- $1.78
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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